In today’s business environment, the importance of cyber insurance cannot be overstated. Technology has become increasingly integrated into businesses’ operations, making them vulnerable to various internal and external cyber threats. Any one of these attacks can result in heavy financial, legal, and reputational damage, so proper defense and response tactics are necessary. Along with implementing technical controls to mitigate these risks, cyber insurance has emerged as a key risk management strategy for modern business. However, the umbrella of cyber insurance encompasses various types of coverage, and businesses need to understand the nuances to implement effective insurance. This article covers the different types of cyber insurance policies that businesses must understand and how to choose the right one for their industry and size. This will help to demystify the complexities of cyber insurance, making it easier to choose the ideal type.
Cybercrime and data breaches have become more common as companies increasingly rely on technology for their business operations. Even worse, the impact of data breaches is not limited to direct financial loss, but also extends to reputational damage in the long run. In response to the growing danger of ransomware, DDOS, malware, hacking, and other cybercrime, companies have implemented various types of security controls. This list includes cyber insurance, which has become popular over time. In this article, we explain cyber insurance and discuss what types of incidents are covered in a typical cyber insurance policy.
Modern networks are defined by several concepts developed to combat cyber threats. Zero Trust and Secure Access Service Edge (SASE) are two of the most prominent, but their similarities and differences are often misunderstood. It’s important to understand their unique strengths and the ways they can interact, as they both have a key role to play in implementing strong cybersecurity. This article will review these two concepts and how they differ/complement each other.
Dealing with endless cyberattacks and threats is difficult enough, but most organizations also need to ensure they comply with all the cybersecurity regulations and standards of their industry or sector. This can be a challenge, as there may be many standards to consider, and there could be heavy fines for noncompliance. However, these standards can be of great use to organizations, as they often provide strong frameworks for cybersecurity best practices. This article will discuss these cybersecurity compliance standards, what they are, and how to comply with them. These standards regularly evolve to deal with new types of technologies and threats, and knowing about them is essential to surviving in today’s interconnected world.
2023 has been an eventful year for the cybersecurity industry, and 2024 promises to be even more exciting. AI had a major impact this year on virtually every sector (including cybersecurity) as it entered the mainstream, but this also brought a wave of new types of AI threats and attacks, a trend that will continue into 2024. We also saw attacks like the MGM breach, which underscored the dangers of complacency regarding cybersecurity controls. One of the major challenges in cybersecurity is staying on top of all these novel events and concepts without losing sight of the existing security posture. To help you identify which areas to prioritize, this article provides an overview of the key trends that will be important to consider in 2024. To remain successful, every cybersecurity professional should know these and prepare for them.
Cyberattacks pose one of the most significant threats in the modern age, especially as technology becomes deeply woven into our daily lives. While the impact and sophistication of these attacks vary, ransomware stands out as the most menacing among them. To execute these attacks, cybercriminals maliciously encrypt their victims’ data and demand a ransom payment to unencrypt it. Anyone can be a target, from the average internet user to a large tech company to even the critical infrastructure of a nation-state. Cybercriminals have realized the potential of these attacks and work tirelessly to increase their sophistication and resistance to traditional security controls. Given the threat these attacks pose, implementing a detailed mitigation plan to protect against them is no longer an option but an absolute necessity. This article will explain ransomware attacks and the many actionable steps you can take to protect your business against them.
